About Coral Gables' Coco Plum

Cocoplum Real Estate News-Recap 2010

For single family homes in Cocoplum here are the 2010 statistics, newsworthy sales and current listings for sale there.

In Cocoplum, there were 24 closed sales in 2010 of which 8 were waterfront properties. The average sale price was $2,221,146, or $365 per square foot. They sold on average for 85% of the list price in 234 days (average days on market). The highest sale was for $4,500,000 located at 7901 Los Pinos BL, which was $399 per square foot and occurred on July 1, 2010. Five houses on Cocoplum are currently in contract or pending sale.

With 37 homes currently available for sale, the current absorption rate is about 19 months to sell all of the current inventory.

Right now, the least expensive home for sale in Cocoplum is for $1,300,000 located at 7528 Los Pinos BL. It has 4 bedrooms, 5 bathrooms, and 3,780 square feet of living space on a lot of over 23,000 sq. ft. or more than 1/2 an acre. For photos of the home and a more detailed description, visit 7528 Los Pinos BL, Cocoplum, Coral Gables.

Waterfront Properties on Cocoplum

In Cocoplum, there were 8 waterfront properties that closed (sold) in 2010. The average sales price among those was $3,146,250, or $496 per square foot. Waterfront homes on Cocoplum sold on average for 85% of the list price in 287 days (average days on market).

With 21 waterfront homes currently available for sale, the current absorption rate is about 32 months to sell all of the current inventory.

The least expensive waterfront property for sale in Cocoplum is $2,450,000 and is located at 194 Caoba CT. It has 7 bedrooms, 6 bathrooms, 6,225 square feet of living space and is located on a lot size of 15.279 square feet. It has been on the market now for 672 days. For photos of the home and a more detailed description, visitCocoplum, 194 Caoba CT.

The most expensive property for sale in Cocoplum is $14,500,000 and is located at 5 Tahiti Beach RD. It has 10 bedrooms, 9 bathrooms, 11,533 square feet of living space and is located on a lot size of 37,374 square feet. It has been on the market now for 288 days. For photos of the most expensive homes in Cocoplum and more information, visit, 5 Tahiti Beach RD, Cocoplum, Coral Gables.

To view all of the listings available for sale in Cocoplum, please go to my website at “Cocoplum Homes for Sale”

To search for Luxury Single Family Homes by City or Neighborhood, go to - Miami Beach Homes, South Beach Homes, Indian Creek Homes, Star Island Homes, La Gorce Island Homes, North Bay Road Homes, Palm Island Homes, Sunset Islands Homes, Venetian Islands Homes, Hibiscus Island Homes, Golden Beach Homes, Key Biscayne Homes, Gables Estates Homes, Cocoplum Homes, Belle Meade Homes, Bay Point Homes, Morningside Homes, Pinetree Drive Homes, Bay Harbor Islands Homes, Bal Harbour Homes and Miami Shores Homes.

To find Luxury Condos by City and Category, go to any of the following – Penthouses for Sale, Boat Docks, Pet Friendly Condos, South Beach Condos, Miami Beach Condos, Sunny Isles Beach Condos, Bal Harbour Condos, Key Biscayne Condos, Fisher Island Condos, Brickell Condos, Downtown Miami Condos and Best Foreclosure Condo Buys.

For more specific information about a property or for a custom search, please contact Michael Sahlman at The Sahlman Group at 786.553.0697 or email us.

If you are thinking of selling your condo or house and want to market and sell your property worldwide to reach the right buyers quickly and effectively, please contact us directly at 786.553.0697, email us, or fill out this form to learn more aboutour global marketing strategy and receive an immediate response.

I highly recommend Habitat Design Associates, Inc. to design, renovate and oversee the overall project if you have purchased a condo or a home and need a reliable, competent and honest professional, the owner Cristina is originally from Brazil and has over 20 years of experience as an architect, interior designer and project manager. They have completed over 35 projects for a number of prominent people (including some of my clients). For more information and examples of her work Visit the Habitat Design website or contact them directly at 786.280.6200 or via email.

Please note that the above information is based on data from the southeast Florida MLS as of January 2, 2011.

Copyright © By Michael D. Sahlman, P.A. 2010*Cocoplum Real Estate News-Recap 2010*

Cocoplum is, without question, one of Coral Gables' most exclusive real estate communities.  The Islands of Cocoplum is a gated community on on the waters of Biscayne Bay.  440 estate homes sprawl throughout 350 beautiful acres, all on 15,000 square foot or larger lots, most with direct access to the bay.  Residents enjoy a club house, pool, gym, 24-hour manned guard gate, full service yacht club and luxury living in this master planned community.  There are no bridges to bay, giving homeowners easy access to the waters of Biscayne Bay. 

Cocoplum goes back to the Coral Gables beginnings in the 1920s.  There was originally a beach, called Cocoplum Beach (now Tahiti Beach, in the deep heart of Cocoplum) which is mentioned in numerous historical newspapers during the early years of Coral Gables' Real Estate development.

There are currently 44 homes for sale in Cocoplum, Coral Gables

• they range from $1,390,000 to $8,495,000
• the average listing is priced at $4,037,943 and has 6,000 sf with 5 bedrooms and 5 bathrooms

5 homes sold in 2009 to date in Cocoplum

• they closed between $1,269,975 and $9,750,000
• the avearge closed sale was for $4,093,000 and had 7,000 sf with 6 bedrooms and 6 bathrooms

Here is a link to the Current Homes for Sale in Cocoplum

(note: did you know Cocoplum is in the top 10 most wealthy communities with a large Latin/Hispanic population in the country?